Tag: USB
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American Express Beats on Earnings (AXP)
American Express, AXP posted third quarter earnings of $0.74 per share, which is $0.15 better than consensus estimate of $0.59 per share. The company’s revenue totaled $7.16 billion vs. analysts’s estimates of $7.31 billion in revenue. Consolidated provisions for losses totaled $1.4 billion, up 51% from a year ago. The third quarter net loan write-off…
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Two Days is What it Takes
Only two days is what it took to erase nearly a month’s gain. We are almost at the same place where we were on April 17th. The picture is not rosy and every main stream media has just turned bearish. What has changed in just two days? A lot but nothing that was not known.…